[wagwang]

Ah yes, the "we can cure debt by going into hyperinflation" argument

[cogman10]

It's something that the US could uniquely do without going into hyperinflation due to it's status as a reserve currency.

That all, of course, changes if other countries decide they've had enough of our shit and switch over to different reserve currencies like BRICS. And, of course, printing currency to get out of debt is something that would make countries consider dumping the dollar as a reserve currency.

[wagwang]

you think we can print 40t without going into hyperinflation? Lol... Why would other countries hold usd if we print 40t

[cogman10]

We don't need to print the entire debt.

How it'd likely start is we print to cover a shortfall in debt. Maybe it's 500B, maybe it's 1T.

And we could do that for a bit before entering hyperinflation.

Hyperinflation would start when the TBill rate ends up exploding because people start pricing in dollar printing into the bond rates.

And, as I said, it would be something that would cause countries to start looking at ditching the dollar.

It's not great fiscal policy, but it is something that the US can currently uniquely do and enjoy without the absolute risk of hyperinflation.